Cabot DCA and letters about 2 BC cards

[Matt.]

Following on from my thread dealing with my fathers debt I also received two letters from Cabot for the two credit cards held with BC

 

They stated that they did not have the information on file, however had requested the relevant details which will include a copy of the credit agreement, statement of account and original and varied terms and conditions from the original lender.

 

They acknowledge the 12 day time limit to provide the information before the account becomes unenforceable however as requested from the original lender they anticipate it will be 40 days.

 

In the unlikely event they are unable to obtain this they will write again.

 

::::::::::::::::::::

 

From memory dad has had these credit cards for over 25 years so I can't see them having the original credit card agreement.

[dx100uk]

that's great.

 

 

once the 12+_2 working days have run.

if he was making any payments to the regarding the debts

he can stop paying.

 

 

dx

[Matt.]

Finally a letter(s) from Cabot.

 

 

They state that they are unable to provide the information however will continue to request the information.

The account will now stay on hold.

 

They accept that currently the agreement is unenforceable however have advised to continue to pay.

 

Advice on what to do now please .

[Bazooka Boo]

Stop paying.

[Matt.]

One thing that I need to sort first. Cabot recorded an AR on my dads file when they took the debt over in 2012 despite the account being defaulted in 2007.

 

If my dad stops paying will this do further damage to his credit file ? At present apart from the AR he has a clean credit file as all the defaults have dropped off

[dx100uk]

we are talking 2 cards here?

 

 

if each is defaulted in the summary

then whatever anyone puts

the debt should not be showing after the defaults 6th birthday.

 

 

dx

[Matt.]

Hi there,

 

Yes both cards were defaulted at the same time.

 

Thanks

 

Matt

[dx100uk]

then if 6yrs has elapsed since the defaulted date they should not be showing

 

 

dx